Both the Indianapolis Star and the Indiana Lawyer have news about Indiana’s ongoing discussions to establish courts to handle commercial cases only, including presumably commercial foreclosures. For details, click on these links:
This is a great idea, and I hope it comes to fruition. As lawyers become more specialized, so too should judges if possible. The new courts should help lenders, borrowers and guarantors alike. Time and expense will be saved. Hopefully by 2016 this will be a reality.